Connecting to Web3 – DeFi and beyond
summary
Claims that a Web3 bridge can let Web2 data providers monetize APIs with minimal setup, using Airnode to expose any REST API on-chain, ChainAPI for self-deployment, and beacon price feeds / beacon sets for continuous on‑chain references. Presents API3 as an EVM‑compatible DAO, cloud‑agnostic, offering a Quantum RNG with ANU, insurance that compensates users if oracles fail, free proofs‑of‑concept for enterprises, and cites DeFi growth (from $690M to $11B in 2020) and $1.6B of Q1 exploits as risk context.
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chapters (16)
- 0:00Web3 and API Days
- 1:07Evolution of the web
- 3:33Web 1.0 to Web 2.0
- 5:39Web 2.5 and NFTs
- 7:25What is Web3
- 9:12Decentralized identity
- 10:57Decentralized Finance
- 14:29Web3 adoption risks
- 15:30Smart contracts applications
- 16:56NFTs beyond art
- 17:38TradFi and Web3
- 18:42API3 mission
- 20:04Web3 connectivity with API3
- 21:05API3 products
- 23:30Monetizing Web3 data
- 24:33Q&A
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